Yes. The {modifiers} tag is a loop so within that loop if you wanted to call out a particular modifier by name then you'd need to run a conditional check as you are currently showing in your example.

(You may not need the quotation marks around {modifier_name}).

Yes. The {modifiers} tag is a loop so within that loop if you wanted to call out a particular modifier by name then you'd need to run a conditional check as you are currently showing in your example.